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CC RES 1996-048RESOLUTION NO. 96 - 48 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES APPROVING AN AMENDMENT TO THE JOINT EXERCISE OF POWERS AGREEMENT BETWEEN THE CITY OF RANCHO PALOS VERDES AND THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY RECITALS: A. The Joint Exercise of Powers Act, California Government Code section 6500, et set,., ( "the Act ") provides that public agencies by agreement may jointly exercise any power common to the contracting parties. B. The City of Rancho Palos Verdes ( "City ") and the Rancho Palos Verdes Redevelopment Agency ( "Agency ") are "public agencies" within the meaning of that term under Section 6502 of such Act. C. Pursuant to the Act, the City and the Agency entered into a Joint Exercise of Powers Agreement, dated September 4, 1990 ( "Agreement "), which created the Rancho Palos Verdes Improvement Authority ( "Authority "). The principal purpose of the Authority is to maintain improvements constructed by Agency in furtherance of the Reimbursement and Settlement Agreement dated October 13, 1987, by and among the City, the Agency and the County of Los Angeles. D. The City and the Agency desire to amend the Agreement as set forth in the First Amendment To Joint Exercise of Powers Agreement, which is attached hereto as Exhibit "A" and incorporated herein by this reference. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The Joint Exercise of Powers Agreement, dated September 4, 19901 by and between the City of Rancho Palos Verdes and the Rancho Palos Verdes Redevelopment Agency, is hereby amended, as set forth in Exhibit "A" hereto. The Mayor is hereby authorized and directed for and on behalf of the City of Rancho Palos Verdes, to execute and deliver such Amendment for and on behalf of the City. PASSED, APPROVED and ADOPTED this 18th day of June, 1996. ATTF .qT- STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF RANCHO PALOS VERDES } }SS } 1-72111 Mayor I, Jo Purcell, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 96 -48 was duly and regularly passed and adopted by the City Council at a regular meeting thereof held on June 18, 1996. City Cler City of R cho Palos Verdes RESOLUTION NO. 96-48 PAGE 2OF2 FIRST AMENDMENT TO JOINT EXERCISE OF POWERS AGREEMENT This Agreement is dated June 18, 1996, and is between the City of Rancho Palos Verdes ( "City ") and the Rancho Palos Verdes Redevelopment Agency ("Agency"),, referred to collectively as "the Parties". RECITALS A. On September 4, 1990, the Parties entered into a Joint Exercise of Powers Agreement which created a Joint Powers Authority pursuant to state law for the purposes of implementing certain provisions of the Reimbursement and Settlement Agreement which was entered into by the City in connection with the settlement of the Horan litigation. B. The purpose of the creation of the Authority was to utilize certain funds paid pursuant to the Reimbursement and Settlement Agreement for the purpose of maintaining landslide abatement improvements constructed by Agency as provided in the Reimbursement and Settlement Agreement, excluding sewers. C. Section 8 of the Joint Exercise of Powers Agreement, as presently drafted, could be construed in a manner which is inconsistent with the terms of the Reimbursement and Settlement Agreement. Accordingly, it is necessary to amend that Section to ensure that it is fully consistent with the terms of the Reimbursement and Settlement Agreement. In addition, a revision to Section 12 also would eliminate potential confusion regarding the intent of that Section in light of other provisions of the Agreement. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: Section 1, Sections 8 and 12 of the Joint Exercise of Powers Agreement are hereby amended to read as follows: "Section 8. Contributions; Payments and Advances; Use- of Personnel, Equipment or Property. The Parties may make contributions from their respective treasuries in furtherance of any or ail of me purposes se Parties may make payments of any or all of such purposes. public moneys for any or all shall be repaid as may be pro regarding advances which may Authority and the Party or Pa nel, equipment or property of Agreement may be used in lieu The moneys may be paid to and any or all of the Parties. T of moneys pursuant to and in Settlement Agreement for the maintain landslide abatement excluding sewers and excludin private property that are not tortn in this Agreement. The )ublic moneys to defray the cost of The Parties may make advances of )f such purposes. Such advances aided by separate agreement )e entered into between the :ties making such advance. Person - any of the Parties to this of other contributions or advances, disbursed by the Authority, or by ie Authority may receive and dispose urtherance of the Reimbursement and )urposes set forth therein to improvements constructed by Agency, I improvements constructed on owned by Agency, City or Authority. EXHIBIT "A" TO RESOL. NO. 96 -48 PAGE 1 OF 2 These moneys shall be paid to the Authority and shall be deposited into the special maintenance fund designated by the Reimbursement and Settlement Agreement with two separate accounts, one account for maintenance of the Abalone Cove area improvements and the other account for maintenance of the Portuguese Bend area improvements, and shall only be used or expended by the Authority consistent with, pursuant to, and in furtherance of the purposes set forth in the Reimbursement and Settlement Agreement. Investment earnings on moneys set aside for maintenance shall be used solely for the purpose of such maintenance. "Section 12. Obligations of Authority; Contracts for Separate Responsibility. The debts, liabilities, and obligations of the Authority shall not be the debts, liabilities, and obligations of the Parties." Section 2. The effective date of this Agreement shall be June 18, 19960 IN WITNESS WHEREOF, the undersigned have executed this Agreement on the date indicated below. DATED: June 18, 1996 ATTEST: City Clerk Dated: June 18, 1996 ATTEST: 'Secretary - of the Redevelopment Agency CITY OF RANCHO PALOS VERDES r By: Mayor of t Ci 'w y f Ranch Palos Ver es RANCHO PALOS VERDES REDEVELOPMENT AGENCY By: Chai man a the ncho Palo Verges Re evelopment Agency EXHIBIT "A" TO RESOL. NO. 96 -48 PAGE 2 OF 2